 |
||||
|
||||
 |
|
Directors of Merck Group attend the launch ceremony for the new plant.[Photo/netda.gov.cn]? |
The German pharmaceutical producer, investing 80 million euro ($105 million) for the project, will become the only multinational enterprise approved to produce essential drugs in China by the government.
The new plant, expected to go into operation in 2017, will focus on producing medicines for treating diabetes, cardiovascular diseases and thyroid disorders.
According to Merck’s directors, the company aims to make high quality medicines more accessible and affordable to Chinese patients through local production.
The NETDA Free Trade Zone got the original go-ahead, on Jan 3, 2013, from the State Council, for a 5.29-sq-km area, in two parts.
Suzhou-Nantong science & technology industrial park
Equipment manufacturing industrial park
Urban-rural commercial zone
Nengda central business district
New materials industrial park
Medical treatment & health industrial park
Sci-tech industrial park
Precision machinery industrial park
Nantong museum designs blue calico sheep mascots
Intangible cultural heritage show opens in Nantong City
Nantong: major producer of indigo print fabric
World's largest pier caisson floated successfully in Nantong
Lotus blossoms in Nengda Central Park
